Economics B A-Level
Derived demand
What Derived demand means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Derived demand
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Reference: Pearson Edexcel
The demand for labour depends on the demand for the final goods or services the workers produce.
Topics that use Derived demand
- Wage rates (Pearson Edexcel A-Level)
Related terms
Using Derived demand in the exam
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